Skip to main content

About your Search

Search Results 0 to 14 of about 15
, stabenow, cantwell, schumer, durbin, mr. johnson of south dakota, bennet, blumenthal, whitehouse, and collins be add as cosponsors to my amendment number 2985. the presiding officer: without objection, so ordered. mr. udall:man, i yield the floor. -- mr. president, i yield the floor and note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: the presiding officer: without objection, senator from michigan is recognized. mr. levin: i ask for the yeas and nays. the presiding officer: is there a sufficient second? there appears to be. the clerk will call the roll on the amendment. vote: vote: vote: the presiding officer: are there any other senators in the chamber who desire to vote or to change their vote? if not, the yeas are 62, the nays are 37. the amendment is agreed to. a senator: i move to reconsider. the presiding officer: without objection, so ordered. the senator from michigan is recognized. mr. levin: mr. president, i would now ask unanimous consent that we proceed to consideration of an amendment by -- amendment numbere
've really got to be willing to as dick durbin said, to sit down and negotiate. >> those were senators dick durbin on "morning joe" and jeanne shaheen on chris jansing discussing entitlement programs. richard and joy, how much leverage does president obama have with the left in terms of making a deal with republicans on medicaid, medicare, social security? >> none. he never does. are you kidding? the left will be disappointed like the day after inauguration day. at the end of the day -- it's kind of a subversive thought but we just had wealthy seniors, seniors in general, vote to get rid of medicare, right? they voted to get rid of medicare as long as no one touched them. if there's some changes that need to be made to the medicare ben fits of wealthy seniors i don't think democrats should make that the hill they die on. that's me. i think democrats are still going to want entitlement programs held harmless. that is true for medicaid and social security. there are things you can theoretically do in terms of raising the cap on how much income is taxed for medicare. things that wouldn't hurt
take the high ground. i thank senator kerry, senator mccain, senator lugar, durbin, barrasso, coons, tom udall, moran, and many others and especially senator harkin, who is the father of the americans with disabilities act, for leading the way on this issue. with their help, i hope we can quickly ratify this treaty. mr. mcconnell: madam president? the presiding officer: the republican leader. mr. mcconnell: over the past few weeks americans have rulely started to focus in on the debate we're having in washington about how the two parties can work together to prevent a short-term economic crisis in january and an even bigger january crisis later on. so it may come as a surprise to many to see that with just a few weeks to go before a hard deadline on solving the short-term issue, president obama has decided to hit the road -- hit the road this week to drum up support for his favored approach. it's hard to believe really. i mean, every week he extend spends campaigning for his ideas is a week we're not solving the problem. it is completely counterproductive. the election is over. he w
dick durbin generally considered on the left of his party, he's saying, nobody should be so naive as to believe that just taxing the rich will solve our problems. he's telling the left that entitlement cuts must be part of any deal. that put him outside of what i have been hearing from the unions, mainstream democrats and the president. maybe that is a slight chink in the democrats' armor, if you like. maybe they will consider entitlement cuts. maybe he means next year after you work out tax changes now. bill: that's the way i heard it. get the changes before the first of the year then worry about reform in the coming year. on top of that there is a debt ceiling issue to tackle. steve forbes said go ahead and get a 90-day extension, take it into 2013. >> can you put together a complex agreement dealing with tax, spending cuts, debt ceiling, can you do all of that in a mere 30 days or do you take the steve forbes route, kick the can down the road. i'm not sure the vote terse would tolerate kicking the can and not dealing with it again. thank you, stuart. martha: you have got senate
majority leader dick durbin talks about the efforts to resolve the so-called this cliff. at 2:00 p.m. eastern the u.s. house returns from banks given to work on legislation regarding homeland security and border security -- house returnsm
, with the promise of cuts to programs like medicare later. on tuesday, senator dick durbin flatly declared entitlement reform should not be on the table. yesterday, top white house officials also met with leading liberal groups, from labor unions to with one attendee telling the "washington post" they expect the taxes to go up on the wealthy and to protect medicare and medicaid benefits. they feel confident they don't have to compromise. pressed today on whether the spending cuts are kicked down the road, white house spokesman jay carney was noncommittal. >> you are not having any spending cuts now. you want to do spending cuts next year; is that a fact? >> no. it's not a fact. these are all parts of aspects of the conversations that are ongoing. >> some republicans are pushing boehner an other leaders to accept an extension of the middle class cuts to avoid the white house blaming them for crash over taxes on the rich. >> everybody is waiting for schedule to go up. unless we fix that paradoxically. president obama becomes defender of the bush tax cuts for 98% of the people. he
because when he sat there with dick durbin -- he said, grover, i am not really for tax increases. i and just putting tax increases on the table here and durbin is giving me all of these spending cuts and i have not agreed to anything. i just talk about tax increases. i said -- senator, do you think it is possible durbin goes back to the democratic caucus and says i am putting these imaginary spending cuts on the table -- and he is giving me the tax increases. tom coburn from oklahoma said he would never be that dishonest. senator, i think he is and i think you are not. and i think he takes you seriously and i think you should not take him seriously. but again, they spend more than a year putting a the simpson- bowles commission, which, if you have seen a, a slide presentation, an outline, it is in haiku, the only numbers and the page numbers. it is a series of interesting things. there are specific about the tax burden going up by -- $5 trillion in tax increases. as ryan reads this as a trillion dollars in tax increases from eliminating or reducing deductions and exemptions and so o
.m. majority whip dick durbin will talk about the so-called fiscal cliff and deficit reduction at the center for american progress. fiscal cliff, a combination of those expiring tax provisions and budget cuts that could take place the beginning of the new you. they include the bush-era tax cuts and sequestration. live coverage starts at 1130 eastern also on c-span. we are likely to about the fiscal cliff during the senate session today getting underway at 10 a.m. eastern, just over a half hour from now. after the gavel and majority leader reid will be recognized to speak and will likely outlined the schedule for the day which could include debate on defense programs and policy, and possibly legislation to do with equal rights, people with disabilities. centers will us from 12:30-2:15 eastern for weeks the party meetings. live coverage of the senate and members gavel in right here on c-span2. right now some debate from the floor of the senate yesterday between majority leader reid and republican leader mitch mcconnell. d, w they talkede about potentialit't changes to filibuster rules. here's
.d.a. this treaty is personal to many members here, to senator durbin, to senator harkin, to senator lugar and others, and members from both sides of the aisle have worked hard to bring us to the floor today. i believe the questions have been answered. i think the report and the record could not be more clear. the only question that remains is whether we're going to be remembered for approving the disabilities convention and reconnecting with our best traditions or finding an excuse to delay and defy our own core responsibility as senators. mr. president, i have received countless letters and heard from nearly 300 organizations on this issue. there is a long, long list -- i'm not going to read all through those 300 -- but every single major military organization supports this treaty. the air force sergeants association, the air force women officers association, the american g.i. forum, the blinded veterans association, the division for early childhood of the council for exceptional children of disabled american veterans, the military officers association of america, the national guard asso
of the discussion? >> i haven't seen those comments from senator durbin but it is the case that there are two distinct issue here's that are related which is the fiscal cliff, the deadlines essentially that we have in place, if action isn't taken will result in significant tax hikes on the one hand and across the board spending cuts on the other. that's the fiscal cliff. the other challenge is one that we've been dealing with for a long time now, the need to come to an agreement on a broad, balanced and comprehensive plan to reduce our deficits and debt and put us on a sustainable path economically in a way that protects the middle class, protects seniors and other vulnerable americans and continues to invest in our economy so it can grow and create jobs. the president's belief is that we can address both of these in a broad receive -- deficit reduction package but there's no question that we are -- that they are in many ways distinct. that's why when we talk about an immediate action a distinct, discreet action that congress could take if republicans in the house of representatives would agr
thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come from an increase on the tax rates of top earners, which is currently 35%. >> let the rates go up to 39. let us also take a look at the deductions. let's make sure that revenue is an integral part of deficit reduction. from my side of the table, bring entitlement reform into the conversation. social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no date set in stone for the next meeting among the principle negotiate othe timing will depend on the progress of staff member, in the next few days. but we should not be surprised if they get together, sthiem week. shannon. >> shannon: we wish them much luck. thank you. our worst-case scenario, there isn't a deal. the former economics director it'll peter tracy, tells what did you say to expect
. not be in your office someplace. senator durbin reminded me of one senator, a republican senator, who forced us to be here over the weekend, and he left. went back to a wedding in his state. mr. president, i repeat for the third time, the only people that think the senate's working really well right now are the republican leader and the republican senators, because it's not working well. they've abused the process. they've abused something that was set up to help legislation get passed. the filibuster. they've abused it. and now the filibuster is on everything. they can talk all they want about filling the amendment tree and all that. that is so -- mr. president, that has no bearing on what's going on around here. we have -- we try to get things done. the defense bill is a good example. i said let's move to the defense bill. they objected to it. they have been talking about it for months. i agreed to move to it, no preconditions at all. we have to do other things. we have a very short period of time here now and everything around here is the big stall. and he talks about getting bills done. mr.
durbin said he thinks that president obama won't include a deal [inaudible] >> first of all, the debt ceiling. we would be foolish to work out something on stopping this from going over the cliff and then a month or six months later the republicans pull the same game as they did before and say we aren't going to agree to increasing the debt ceiling. i agree with the president. it has to be a package deal. what was your other question? [inaudible question] >> there are things we have already taken care of, the first of april and take a look at that stuff. that's not essential. [inaudible question] >> we can't do anything with the disaster aid package and i'm told it will be tomorrow or the next day. [inaudible question] >> republican, ok. you said what's holding it up? i said republicans. talk to the republicans. it's up to them. [inaudible question] >> i have said on a number of occasions the internet poker bill can move forward if we get 15, 17 republican votes. this stage, we have gotten none. >> you talked to the president over the weekend. are you hopeful, are you optimistic? >> i
will swing back to the way it was in 1993 and 1994. >> dick durbin, senator from illinois, i think the number two person in the senate, he said he thought lindsay gramm had a right, there should be some deference to the president. when the gramm was one of the few republicans who voted for elena kagan. hopefully that will have some traction. the last question will come from and all of an audience -- from an alumna in the audience. what qualities should the law school be focusing on as we train the next generation of lawyers? >> a law degree give you a license, kind of a monopoly on the practice of law. it's supposed to be an honored profession. if you are not satisfied with merely turning over a bus, you know it is something special and you know it to your community to use your talent to help make things a little better for others. i think a lawyer who commits herself to public service to make a living and to remember that people who desperately need it representation and will not have a, she care. i do not think someone who says i will do my job and collect my fees and and not interested in
the democrats saying they don't want to see any entitlement reform. >> but durbin, where did he come from? >> that's what i mean. >> i'm trying to figure out -- trying to see his personal situation. where did he find religion all of a sudden? he's an obama ally and suddenly he's talking -- are you looking at all these things very specifically? looking at the fix and option action. you can tell from the market. >> the most aggravating thing is that we're sitting here talking about the government and what the market is going to do as a function of what the government does. if you look at the volatility markets, i think it's incredibly interesting. the market is being very rational. the vix is really a function of liquidity. liquidity in the system is incredibly stable. the markets are -- that will significantly drive higher levels, if you look at ted spreads and where bank funding is. that's the real significant spikes index, so you need to be careful to hedge your portfolios right now. but right now, the markets, the s&p markets are really pricing in a very range bound market through janua
Search Results 0 to 14 of about 15